The volume of refined products pipeline international transport received domestically in the US for 2023 was approximately 3.72 Billion Tonne Kilometers. The forecast for 2024 to 2028 indicates stability with a minor reduction to 3.71 Billion Tonne Kilometers starting 2025 and carrying forward through 2028. Year-over-year variation is negligible, with a constant value after 2024. Therefore, the compound annual growth rate (CAGR) from 2024 to 2028 is effectively zero, reflecting a stable but stagnant market scenario.
Future trends to watch for include:
- Technological advancements in pipeline efficiency.
- Potential impact of regulatory changes on transport volumes.
- Shifts in domestic and international demand for refined products.
- Infrastructure developments that may enhance or limit capacity.
- Environmental considerations and their influence on transportation methods.
